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Alphabet(Google) Current Ratio

: 2.81 (As of Jun. 2022)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Alphabet(Google)'s current ratio for the quarter that ended in Jun. 2022 was 2.81.

Alphabet(Google) has a current ratio of 2.81. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alphabet(Google)'s Current Ratio or its related term are showing as below:

GOOGL' s Current Ratio Range Over the Past 10 Years
Min: 2.38   Med: 4.87   Max: 14.97
Current: 2.81

During the past 13 years, Alphabet(Google)'s highest Current Ratio was 14.97. The lowest was 2.38. And the median was 4.87.

GOOGL's Current Ratio is ranked better than
55.04% of 605 companies
in the Interactive Media industry
Industry Median: 2.50 vs GOOGL: 2.81

Alphabet(Google) Current Ratio Historical Data

The historical data trend for Alphabet(Google)'s Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alphabet(Google) Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.14 3.92 3.37 3.07 2.93

Alphabet(Google) Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 2.98 2.93 2.87 2.81

Competitive Comparison

For the Internet Content & Information subindustry, Alphabet(Google)'s Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Alphabet(Google) Current Ratio Distribution

For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where Alphabet(Google)'s Current Ratio falls into.



Alphabet(Google) Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Alphabet(Google)'s Current Ratio for the fiscal year that ended in Dec. 2021

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=188143/64254
=2.93

Alphabet(Google)'s Current Ratio for the quarter that ended in Jun. 2022 is calculated as

Current Ratio (Q: Jun. 2022 )=Total Current Assets (Q: Jun. 2022 )/Total Current Liabilities (Q: Jun. 2022 )
=172371/61354
=2.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alphabet(Google)  (NAS:GOOGL) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Alphabet(Google) Current Ratio Related Terms

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Alphabet(Google) Business Description

Alphabet(Google) logo
Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet Inc is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart homes products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), faster Internet access to homes (Google Fiber), self-driving cars (Waymo), and more. Alphabet's operating margin has been 25%-30%, with Google at 30% and other bets operating at a loss.
Executives
Schindler Philipp officer: SVP, Chief Business Officer C/O ALPHABET INC. 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94568
Walker John Kent officer: SVP, Global Affairs and CLO 1600 AMPHITHEATRE PRKW MOUNTAIN VIEW CA 94043
Raghavan Prabhakar officer: Senior Vice President C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043
Arnold Frances director 5200 ILLUMINA WAY SAN DIEGO CA 92122
Washington Robin L director 333 LAKESIDE DRIVE FOSTER CITY CA 94404
O'toole Amie Thuener officer: VP, Chief Accounting Officer C/O ALPHABET INC. 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043
Lee Antonio 10 percent owner, other: Investor/Large Shareholder 4009 216TH STREET MATTESON IL 60443
Ferguson Roger W. Jr. director CORNING INCORPORATED ONE RIVERFRONT PLAZA CORNING NY 14831
Campbell James Grier officer: VP, Alphabet Corp. Controller 1600 AMPHITHEATRE PKWY MOUNTAIN VIEW CA 94043
Hennessy John L director
Mulally Alan R director P.O. BOX 995 MERCER ISLAND WA 98040
Shriram Kavitark Ram director 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043
Mather Ann director
Tilghman Shirley M director GOOGLE INC. 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043
Otellini Paul S director 2200 MISSION COLLEGE BLVD RNB-4-151 SANTA CLARA CA 95054

Alphabet(Google) Headlines

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